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Nov 14, 2012
11/12
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CNBC
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>> on monday steve grasso and i professed our mutual love for yahoo. the fact that the stock was only down two cents today was impressive. we saw a call by one buying who bought 2,500 of the jan 1 calls. they are breaking even at the 20.20. when you are getting into fresh ground defining your risk by buying calls makes a lot of sense. >> let's see to seema mody tracking the twitter fear. >> facebook is the big story. if you have been checking your twitter feed you might have been able to catch the rally. jc tweeted yesterday with thousands of articles being written about a facebook selloff on expiring lock ups wouldn't it be hilarious if facebook rallied instead. everyone thought it would be down. the question is as paul points out in this tweet does the rally that we saw today have legs? the rally post earnings didn't hold. take a look at the chart. facebook reported on october 23 shares rose and then moved lower. can i hold this level and move higher from here? >> we are using kids dynamite logic. >> you would be surprised. twitter is right. if you w
>> on monday steve grasso and i professed our mutual love for yahoo. the fact that the stock was only down two cents today was impressive. we saw a call by one buying who bought 2,500 of the jan 1 calls. they are breaking even at the 20.20. when you are getting into fresh ground defining your risk by buying calls makes a lot of sense. >> let's see to seema mody tracking the twitter fear. >> facebook is the big story. if you have been checking your twitter feed you might have...
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Nov 19, 2012
11/12
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CNBC
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. >> that is a great point because steve is saving himself something on the order of $20 million by issuing a special dividend and wal-mart a lot are big holders of the company. they are saving themselves that tax bill, as well. we have seen the parade of special dividends. >> just don't die before december 31. >> we hope you don't die. >> i'm talking to viewing audience. it is not worth dying to avoid the state tax. please continue to eat the fish oil. >> morbid. >>> will best buy buy out. he might be able to get it cheaper. the board is open to a bid of around 20 bucks a share. the minneapolis star tribune ignited the talks because they reported that there would be talks between schulze and the board this week to discuss this. >> i'm not seeing it in the options market which is what you look to first when you hear the rumors. ever since the stock got up and over the 17 and 18 level it is pulled right back again. one of the compelling parts of the story is they have great cash flows. they lose market share every quarter to the e commerce world. what can they do to switch around this compan
. >> that is a great point because steve is saving himself something on the order of $20 million by issuing a special dividend and wal-mart a lot are big holders of the company. they are saving themselves that tax bill, as well. we have seen the parade of special dividends. >> just don't die before december 31. >> we hope you don't die. >> i'm talking to viewing audience. it is not worth dying to avoid the state tax. please continue to eat the fish oil. >> morbid....
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Nov 12, 2012
11/12
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CNBC
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when you saw the htc it is a total divergence from steve jobs. he wanted to fight tooth and nail to come out with a better product. seems like they are settling and coasting on iphone. i did buy google. i would rather be a buyer of googleal google. >> for more let's bring in steven, technical analyst. what do you see in the charts? seems like a few people are seeing. >> we are looking at the rising 200-day moving average and the s&p 500 is moving. there is a difference between 1370 and 1340 and that is where we think the market can see the support. normal season ality about 1.5%. we are more worried next year. we think you can get a pullback in the first quarter of 2013 in conjunction of the presidential cycle. normally you are weak from the second half of the first year which is 2013 into 2014. we think we can get a rally and a better opportunity to get more profit. >> you are also specifically looking at mega caps as one reason why you are bullish. what are you looking at? >> we think mega caps this year emerged as leadership. we have the s&p 1
when you saw the htc it is a total divergence from steve jobs. he wanted to fight tooth and nail to come out with a better product. seems like they are settling and coasting on iphone. i did buy google. i would rather be a buyer of googleal google. >> for more let's bring in steven, technical analyst. what do you see in the charts? seems like a few people are seeing. >> we are looking at the rising 200-day moving average and the s&p 500 is moving. there is a difference between...
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Nov 15, 2012
11/12
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just me and steve? >> nice. >> it's the inverse etf of good looking. >>> coming up next, turmoil could mean turmoil for the markets. we'll tell you how to navigate it coming up. plus,al come ceo paul jacobs goes on the record about the company's plans to stay one step ahead of the situation. and mobile is a must-see interview and that is up next. l] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ >>> welcome back to "fast money." we are live at the nasdaq market site in new york city. qualcomm with its annual analysts meeting today. paul jacobs with an idea on what is the plans for the futu
just me and steve? >> nice. >> it's the inverse etf of good looking. >>> coming up next, turmoil could mean turmoil for the markets. we'll tell you how to navigate it coming up. plus,al come ceo paul jacobs goes on the record about the company's plans to stay one step ahead of the situation. and mobile is a must-see interview and that is up next. l] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees....
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Nov 19, 2012
11/12
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steve called it the conservative entertainment complex. you just called it the alternative universe. but could you just sort of briefly and it doesn't have to be both of the you. >> exactly what are you talking about? what was going on? how would people in this room know that they were living in an alternative universe. how would they be aware of that. >> it's not you. many people said he would be giving instructions during the debate. >> if they want to con contract any imagine of their opponent that is not grounded in reality are one is the robbie campaign had an unrhealicic view of what the elect triss was going to be. certainly one of the reasons they wanted to see in the election. but there's this view of barack obama. you know, that if you just read and watch the entertainment complex. how on earth could this guy be re-elected? ruzz because you're socialist. and we're not honest. but that's now not how most of america beats the government. most of us don't see us that way. so that is the problem. i think it's under estimating of your
steve called it the conservative entertainment complex. you just called it the alternative universe. but could you just sort of briefly and it doesn't have to be both of the you. >> exactly what are you talking about? what was going on? how would people in this room know that they were living in an alternative universe. how would they be aware of that. >> it's not you. many people said he would be giving instructions during the debate. >> if they want to con contract any...
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Nov 15, 2012
11/12
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you heard it here, steve, thanks very much, indeed, steve. violence in the middle east, i want you to look at this video. three-israelis were killed after gaza attack, you're watching it now, aabbing that killed a military commander for hamas. 13 palestinians have been killed since that attack, and the rockets are still flying, air strikes between israel and the gaza strip are continuing and all of that keeps goingen israeli prime minister says his country is quote, prepared to expand the operation and others say that a ground invasion is a strong possibility if hamas doesn't stop firing rockets. hamas has responded saying, quote, the occupation has opened the gates of hell. this has had a direct impact on the price of oil. it's up, not much. it's up a little, but the down trend that we saw recently appears to have come to an end. 86 bucks for oil. as for gold, no real impact there at all. the nine inflation figures, gold 1721 per ounce. president obama defended u.n. ambassador susan rice's explanation for the benghazi. >> for them to go afte
you heard it here, steve, thanks very much, indeed, steve. violence in the middle east, i want you to look at this video. three-israelis were killed after gaza attack, you're watching it now, aabbing that killed a military commander for hamas. 13 palestinians have been killed since that attack, and the rockets are still flying, air strikes between israel and the gaza strip are continuing and all of that keeps goingen israeli prime minister says his country is quote, prepared to expand the...
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Nov 12, 2012
11/12
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people have looked at steve wesley, former state controller is another example and antonio villaraigosa. >> maybe not so much pelosi, right? >> and then there's speculation, what happens to nancy pelosi? will she -- >> one of the rare democratic losers from the bay area in this election. she didn't regain the house. >> belva: hardest worker -- >> hard worker. >> >> belva: never gets to take home. also, three strikes was a surprise. >> yeah, i think that may have been something where people were looking, again, at the cost. but they weren't willing to go so far as to overturn the death penalty. it was also interesting on the genetically modified food, prop 37. a lot of money came in from big food companies to defeat that, but people in the bay area who were surprised, that was poorly worded and they didn't make a clear case that genetically modified food is dangerous to eat because that hasn't been made scientifically. >> belva: what happened with the ricky gill/mcnearney race? >> oh, that's right, we have to remember that district. mcnearney survived his election. ricky gill, the hope o
people have looked at steve wesley, former state controller is another example and antonio villaraigosa. >> maybe not so much pelosi, right? >> and then there's speculation, what happens to nancy pelosi? will she -- >> one of the rare democratic losers from the bay area in this election. she didn't regain the house. >> belva: hardest worker -- >> hard worker. >> >> belva: never gets to take home. also, three strikes was a surprise. >> yeah, i...
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Nov 15, 2012
11/12
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. >>> steve, at the top of the hour. have a bit of breaking news. we want to get out to phil lebeau. he's with sergio marcioni. >> i am. sergio marcione, the christ ler fee at man. the guy who has his fingers on the u.s. pulse and the european economy. you know how bad things can be in europe and how bad they are. you know what we're facing in the u.s. how concerned are you about the possibility of a fiscal cliff and what would happen to the auto industry if we approached that and went over that fiscal cliff? >> the second part of your question is almost -- there are a variety of possible outcomes. i have the utmost faith in the leadership here, however, it goes beyond the question of cars. the world is truly dependent. the americans don't understand how the world looks at the stability of the market and that the u.s. will have a plan and see how other countries are doing. [ inaudible ] >> we've been asking the ceos if they will rise above ten because that's what people want. they want everybody to rise above what's going on in washington. have you
. >>> steve, at the top of the hour. have a bit of breaking news. we want to get out to phil lebeau. he's with sergio marcioni. >> i am. sergio marcione, the christ ler fee at man. the guy who has his fingers on the u.s. pulse and the european economy. you know how bad things can be in europe and how bad they are. you know what we're facing in the u.s. how concerned are you about the possibility of a fiscal cliff and what would happen to the auto industry if we approached that...
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Nov 16, 2012
11/12
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steve handelsman there in washington. thanks very much. >> a lot of questions with answers unfilled. thank you very much. >>> ding dongs, no more. twinkies are toast. >> did you ever have a twinkie? >> i had my first one this week. >> i thought so. you had that whole closet there. >> i did not grow up with those iconic brands in australia. well, hostess brands is going out of business because one-third of its 18,000 workers failed to reach a deal with management. why did the union give up lower paying jobs for no jobs at all? we'll have that debate next. >> looking forward to that. >>> also ahead, did you camp out to see the last "twilight" movie? as the final film hits the series, lionsgate is hoping for another wave of popular receipts. we'll have the lionsgate trade coming up. >>> also, how do you profit from poverty and feel good about it? meet the man doing just that. we'll explain. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. we have so much tec
steve handelsman there in washington. thanks very much. >> a lot of questions with answers unfilled. thank you very much. >>> ding dongs, no more. twinkies are toast. >> did you ever have a twinkie? >> i had my first one this week. >> i thought so. you had that whole closet there. >> i did not grow up with those iconic brands in australia. well, hostess brands is going out of business because one-third of its 18,000 workers failed to reach a deal with...
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Nov 15, 2012
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steve? >> steve: president obama yesterday held his first press conference in eight months and got testy when asked about the deadly attack in libya where four americans were murdered. >> i would like for you to address the families, if you can, on 9-11 as commander in chief, did you issue any orders to try to protect their lives? >> i'll address the families not through the press. i'll address the families directly as i already have. i can tell you that immediately upon finding out that our folks were in danger that my orders to my national security team were do whatever we need to do to make sure they're safe. >> steve: so has the president been forth coming with the american people and is congress satisfied with his response? let's now talk to ohio congressman dennis kucinich who joins us live from washington. good morning to you. >> good morning. >> steve: a lot of people looked at that answer that he gave to the question by ed henry and said, well, he dodged the question. have we heard
steve? >> steve: president obama yesterday held his first press conference in eight months and got testy when asked about the deadly attack in libya where four americans were murdered. >> i would like for you to address the families, if you can, on 9-11 as commander in chief, did you issue any orders to try to protect their lives? >> i'll address the families not through the press. i'll address the families directly as i already have. i can tell you that immediately upon...
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Nov 19, 2012
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>> steve: absolutely. all right. meanwhile, speaking of sandy, let's talk about this. you've seen the pictures. there are still a lot of people without electricity and a lot of people will not be in their homes for the holidays because their homes are destroyed. extraordinarily, that's some of the devastation in breezy point. the department of buildings for new york city has a number of those destroyed homes and on whatever is standing, that's an unsafe sticker. on some of the other homes, they're putting tickets and they write things like, failure to maintain. and there would be a criminal prosecution if not immediately corrected. >> brian: do you believe this? i heard of being on the wrong page, but they go into a place like breezy point and essentially put what amounts to a ticket on there? >> alisyn: shocking. so homeowners who lost so much, been so devastated and traumatized come home, find a ticket, a summons of sorts on their house for failure to maintain it since the hurricane that destroyed it and
>> steve: absolutely. all right. meanwhile, speaking of sandy, let's talk about this. you've seen the pictures. there are still a lot of people without electricity and a lot of people will not be in their homes for the holidays because their homes are destroyed. extraordinarily, that's some of the devastation in breezy point. the department of buildings for new york city has a number of those destroyed homes and on whatever is standing, that's an unsafe sticker. on some of the other...
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Nov 17, 2012
11/12
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CNN
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stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> our second story "outfront," a fiscal cliffhanger. for the first time since he was reelected, president obama met with congress men and women today to talk about the cliff. >> we had a productive talk today. >> i feel confident that a solution might be in sight. >> i feel good about what we were able t
stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. [ male announcer ] a...
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Nov 15, 2012
11/12
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MSNBCW
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steve is back and s.e. cupp, all right here at the table. mark, let me ask you something, people's perceptions of detroit. at least my perceptions of detroit. haven't been there for a while. you think of eminem. you think of the automobile industry. the defining motel in my mind, about detroit, the 1967 riots and what has happened to detroit since then. so take it away. >> well, a lot of people do look at the riots at the point when things changed to the point, actually the seeds of today were happening, you know, probably ten years before that with sort of disinvestment and conversations moving out. lots of residents who could move out were moving out with suburban sprawl. so that was happening. certainly, detroit sort of became america's epic failure. the big city. >> mark, i was living outside of detroit when the latest renaissance happened, when trump came in. and the renaissance towers went up. >> yeah. >> did that just not work? or what happened there? >> well, a lot of that stuff tends to happen in the downtown, midtown core. in the g
steve is back and s.e. cupp, all right here at the table. mark, let me ask you something, people's perceptions of detroit. at least my perceptions of detroit. haven't been there for a while. you think of eminem. you think of the automobile industry. the defining motel in my mind, about detroit, the 1967 riots and what has happened to detroit since then. so take it away. >> well, a lot of people do look at the riots at the point when things changed to the point, actually the seeds of today...
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Nov 13, 2012
11/12
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CNBC
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let's play the good, bad and the ugly with steve grasso. first the good. >> i love apple, but i think it's a little bit lofty here. can it go higher? you know, it's the fight all laws of gravity since. since maybe the 300 level. and i would wait to see what happens with apple. i think it can go maybe about $50 or $60 lower before you see that run back up above $700. >> all right. since grasso said that the stock is down more than 17%. >> that was good. should have stopped talking a little bit earlier before that run-up back to 700. that was good. let's leave it at good right now. >> what do you do right now? >> i would want -- to give you a lead-in, the second part is going to be google. i'd be a buyer of google versus buying apples at this point. >> hold on, now. now for the bad. >> if i were a buyer i would either buy google or i'd be a buyer of amazon. google came out with a better advertising scheme yesterday. and i think it becomes more advertisers who want to market on the website, becomes more of a royalty based versus a fee structur
let's play the good, bad and the ugly with steve grasso. first the good. >> i love apple, but i think it's a little bit lofty here. can it go higher? you know, it's the fight all laws of gravity since. since maybe the 300 level. and i would wait to see what happens with apple. i think it can go maybe about $50 or $60 lower before you see that run back up above $700. >> all right. since grasso said that the stock is down more than 17%. >> that was good. should have stopped...
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Nov 12, 2012
11/12
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this move to michelle ng obama's father's side of the family, michelle obama's and and this is steve johnson, the first lady's great-grandmother who traveled to four cities, she was a sharecropper's daughter born in 1879 and somewhere along the way she decided she did not want anything to do with the farming life and she was one of the first of michele obama's and sisters to set site on chicago in 1908. this is her husband who was a minister who also lived in chicago. this is the first lady's great great grandmother, and she arrived in illinois some time in the 1860s. the first lady describes herself as a south side girl but the family had no idea their roots in illinois go that far back. if you look at mary, you will understand why the family story says she was part cherokee. she obviously has a mixed lineage but i was never able to establish for sure whether that was true. this is the first lady's grandfather, a mislabeled slide, who left south carolina and arrive in chicago around 1931. this is millvinia, the owner of millvinia's brother. this is a photo, this is an amazing coat,
this move to michelle ng obama's father's side of the family, michelle obama's and and this is steve johnson, the first lady's great-grandmother who traveled to four cities, she was a sharecropper's daughter born in 1879 and somewhere along the way she decided she did not want anything to do with the farming life and she was one of the first of michele obama's and sisters to set site on chicago in 1908. this is her husband who was a minister who also lived in chicago. this is the first lady's...
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Nov 13, 2012
11/12
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CNN
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steve, as you drive around donating supplies, how much of a red cross presence have you seen? >> very little. i've within talk ibeen talking they're telling us they're trying to get as many people out, but they're stretched very thin. >> the red cross is a huge institution and the leaders say it will cost the organization $100 million by the time all the numbers are in. in its appeals for sandy, the red cross insists every penny goes to storm victims, yet on its website, it says only that donations will go towards storms like sandy. >> let us know what you think of susan's excellent reporting. today, i went out to the rockaway. plus at the center of the david petraeus scandal. who is paula broadwell? how did the two meet and how did she get so close t.o. director of the cia? man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping you reach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of yo
steve, as you drive around donating supplies, how much of a red cross presence have you seen? >> very little. i've within talk ibeen talking they're telling us they're trying to get as many people out, but they're stretched very thin. >> the red cross is a huge institution and the leaders say it will cost the organization $100 million by the time all the numbers are in. in its appeals for sandy, the red cross insists every penny goes to storm victims, yet on its website, it says...
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Nov 12, 2012
11/12
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steve centanni joins me live from fred ris virginia. steve, talk to me a little bit about what they are doing there. >> reporter: the house you see behind me is being donated to a quadruple amputee who served in iraq and afghanistan, sergeant john peck. he first went to iraq and had a brain injure from an ied that went offer. he came back and went back to afghanistan, another ied went off and he lost all four of his limbs. they are donating houses to people so severely impacted by the wars across the country and hope to build dozen of them. this is about the 12th or 13th they've done. later on today they will have a ceremony here, that is why the big american flag flying. john peck will get the keys to his new house here on the sans lore civil war battlefield and he and his mother will live there. a very good story for veteran's day as we some of these people who have difficulty dealing with ordinary houses having a specially fitted smart house that he can use, that has special features, that will make it more livable for him. martha: w
steve centanni joins me live from fred ris virginia. steve, talk to me a little bit about what they are doing there. >> reporter: the house you see behind me is being donated to a quadruple amputee who served in iraq and afghanistan, sergeant john peck. he first went to iraq and had a brain injure from an ied that went offer. he came back and went back to afghanistan, another ied went off and he lost all four of his limbs. they are donating houses to people so severely impacted by the...
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Nov 15, 2012
11/12
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WRC
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steve handelsman is on capitol hill this afternoon. steve, what did they learn? >> reporter: pat, thanks, good evening. according to one democrat, who attended one of those two closed-door sessions here up on the hill, the cia threw a politically important lifeline to obama, u.n. ambassador dr. susan rice. but the overall issue remains highly political, highly partisan. even personal. libya's become a battle between president obama and republican senator john mccain, who insisted again today the administration knew quickly that al qaeda had attacked. >> and for the president of the united states, for two weeks afterwards, to deny that that was the case, is either a cover-up or it is incompetence. >> reporter: susan rice denied it, infuriating republicans. acting cia director mike morerel on the hill today briefed some lawmakers on libya. one, a democrat said the account backed rice, that u.s. intelligence did give her the incorrect account that she passed on. >> that this was a spontaneous protest that involved something militant. that was the best information. t
steve handelsman is on capitol hill this afternoon. steve, what did they learn? >> reporter: pat, thanks, good evening. according to one democrat, who attended one of those two closed-door sessions here up on the hill, the cia threw a politically important lifeline to obama, u.n. ambassador dr. susan rice. but the overall issue remains highly political, highly partisan. even personal. libya's become a battle between president obama and republican senator john mccain, who insisted again...
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Nov 15, 2012
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steve. >> let's get a check on the markets. u.s. equity futures as becky said, we came in with green arrows and now we have mixed arrows. green and red. there's the fair value board really unchanged essentially across the board so what little pop we thought we were going to get seems to have dissipated with that walmart news missing revenues, although target coming in beter than expected. overseas in asia taking a look at those stocks again, mostly to the downside, only japan to the upside, by a decent 2% right there but everybody else down more than 1.5, and going over to europe, i think that was mixed, too, right, no, that's all down now, about half a point more or less with a little more in germany. looking at energy, we had a big pop yesterday in gasoline and in oil that came from and it's continuing today that, came from the unrest in the middle east. that's up although it is well down from where it was earlier this year. becky? >> big focus on energy this week, after forecasts that the united states could overtake saudi arabia
steve. >> let's get a check on the markets. u.s. equity futures as becky said, we came in with green arrows and now we have mixed arrows. green and red. there's the fair value board really unchanged essentially across the board so what little pop we thought we were going to get seems to have dissipated with that walmart news missing revenues, although target coming in beter than expected. overseas in asia taking a look at those stocks again, mostly to the downside, only japan to the...
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Nov 12, 2012
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. >> time to get scrambled up with steve doocy. >> steve: how are you. >> we have. >> steve: bride. >> military brides. >> steve: very nice. >> have a great show. "fox and friends" starts right now. >> gretchen: good morning, everybody. it is monday. i am gretchen carlson. hope you had a great weekend. america's top spy and war hero david petraeus caught in a covert affair. and the second woman who tipped off the f.b.i.. >> steve: thousands of new yorkersn the dark after hurricane sandy. what does the long island power authority tell those people. they say go to the website. the debacle just gets bigger and bigger and brian kilmeade could talk about that but instead will talk about meat. >> brian: one of our nation's largest city declaring meatless monday. put down the burger. "fox and friends" starts now. >> steve: hi, folks, live from studio e. it is "fox and friends" on the day we observe veterans day. and a lot of offices are closed to salute the day. >> brian: there is not many stories that could knock the president's reelection out of the headlines. >> gretchen: are you assuming
. >> time to get scrambled up with steve doocy. >> steve: how are you. >> we have. >> steve: bride. >> military brides. >> steve: very nice. >> have a great show. "fox and friends" starts right now. >> gretchen: good morning, everybody. it is monday. i am gretchen carlson. hope you had a great weekend. america's top spy and war hero david petraeus caught in a covert affair. and the second woman who tipped off the f.b.i.. >> steve:...
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Nov 13, 2012
11/12
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CNBC
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steve weiss with us today. what do you make of the microsoft news? a lot of people have been positive on this company for the last several months. >> well, it's disastrous. you have basically the architect of windows 8 that's resigning just as windows 8 launches. so you wonder, is it just the personality conflict with ballmer? and they've been together for a long, long time. so i don't think it's really it, or is there something wrong with the launch, not getting off as microsoft hoped. i know it's a cheap stock, nothing's changed, it's got a big yield, nothing's changed. to me, you're marking time in the stock. dan talks about telecom equipment. i think most of the stocks are commodity-type stocks like. >> rks dsu. i would rather go with our old standby, qualcomm. i would rather go with sky works, who reported a disappointing quarter, but still has tremendous growth as they pick up market share. why are they building up market share? they're building up usage of mobile pads, smartphones. >> joe tera nova has been putting things to work in apple. you
steve weiss with us today. what do you make of the microsoft news? a lot of people have been positive on this company for the last several months. >> well, it's disastrous. you have basically the architect of windows 8 that's resigning just as windows 8 launches. so you wonder, is it just the personality conflict with ballmer? and they've been together for a long, long time. so i don't think it's really it, or is there something wrong with the launch, not getting off as microsoft hoped. i...
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. >> steve: let him stay. tune in tomorrow, see if he's here. so long. martha: thanks very much, you guys. we begin this morning with this fox news alert and we're getting new details now in the scandal that ended the career of cia director david petraeus. the fbi is investigating whether the general's mistress, paula broadwell, may have revealed classified information, information she only had because of her relationship with the general. that is the question they're asking. good morning, everybody. i'm martha maccallum in "america's newsroom.". >> i'm gregg jarrett in for bill hemmer. that information may contradict information that general petraeus gave to congress just days later. martha: doug luzader joins us live with this report from washington. good morning, doug. >> reporter: good morning, guys. at a very basic level this is the store of an affair between general david petraeus and his biographer paula broad well. it gets complicated. there may be national security implication including into the broad investigation into the consulate in benghazi
. >> steve: let him stay. tune in tomorrow, see if he's here. so long. martha: thanks very much, you guys. we begin this morning with this fox news alert and we're getting new details now in the scandal that ended the career of cia director david petraeus. the fbi is investigating whether the general's mistress, paula broadwell, may have revealed classified information, information she only had because of her relationship with the general. that is the question they're asking. good...
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Nov 13, 2012
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lori: steve versus steve, microsoft's ceo steve ballmer and windows chief steve singofski. 23 america south veteran coming. let's take a look at some movers in today's session, the doubt 33. some as the movers, southwestern energy, 6.7% gain, western union, all topping 3%. lori: quiet day for the markets but let's check to see what stocks are up to. let's head to the floor of the new york stock exchange with nicole petallides. bank ceos are talking fiscal cliff. nicole, are you there for us? she is busy studying for the next report. let's get you updated on the markets. the dow is at 12,847 meeting in washington that charlie was talking about. melissa: that's right. about a quarter of a percent there on the markets. so after a 23 year career with microsoft, windows chief abruptly quicks only two weeks after the windows 8 launch. joining me with more an analyst on his sudden departure. did this one catch you by surprise? >> sure. whenever you see a departure of that senority that magnitude, particularly after launch of some important products which he was in charge of, yeah, i think th
lori: steve versus steve, microsoft's ceo steve ballmer and windows chief steve singofski. 23 america south veteran coming. let's take a look at some movers in today's session, the doubt 33. some as the movers, southwestern energy, 6.7% gain, western union, all topping 3%. lori: quiet day for the markets but let's check to see what stocks are up to. let's head to the floor of the new york stock exchange with nicole petallides. bank ceos are talking fiscal cliff. nicole, are you there for us?...
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Nov 19, 2012
11/12
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yes, it's thanksgiving week and "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which listou're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >> monday mork morning, climate change, the push for a carbon tax is here now. and the world bank releasing a report called turn down the heat. here is what world bank president kim says, quote, the time is very, very short. the world has to tackle the problem of climate change more aggressiv
yes, it's thanksgiving week and "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science....
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steve doocy. steve's so hot. gretchen carlson. he's your bite size battler, greg gutfeld. 8:45 in new york city. 3:00 a.m. in bill hemmer's basement and this segment is packed tighter than leaper's island. i don't know what that means. so let's do this, america. >> gretchen: fantastic. >> brian: i just did a greg gutfeld impersonation. >> i think it should have been lemur's island. >> i just pick an arbitrary animal and makes fun of its attributes. >> steve: the book is called "the joy of hate, how to triumph over whiners in the day of outrage." go to have you. >> you don't mean that. >> steve: yes, i do. this is tv talk. phony outrage emanates predominantly from the left, you say. >> right. they operate under the guise of tolerance in order to shut you up. basically it's this faux anger at everything that you say to score points politically. >> steve: give us an example. >> i wish i had some. >> gretchen: come on. >> brian: it's in your book. take something from the book. >> why do you do this to me? >> gretchen: the election. >>
steve doocy. steve's so hot. gretchen carlson. he's your bite size battler, greg gutfeld. 8:45 in new york city. 3:00 a.m. in bill hemmer's basement and this segment is packed tighter than leaper's island. i don't know what that means. so let's do this, america. >> gretchen: fantastic. >> brian: i just did a greg gutfeld impersonation. >> i think it should have been lemur's island. >> i just pick an arbitrary animal and makes fun of its attributes. >> steve: the...
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that's next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. charles: the overall market, well right now it's been flat. struggled all day. we're not down a lot, but the dow is up 1 point right now. but we do have several individual stocks making big moves this morning. let's start with gilead sciences. great news from a trial for the drug to treat hepatitis-c. they say 100% cure rate. obviously that good news is translating to the stock. another drug company had its experimental drug to treat cancer, didn't work any better than chemo. clovis stock is getting absolutely crushed. precision castparts is buying tie tan yum -- titanium metals. tha
that's next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. charles: the overall market,...
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i'm steve handelsman, news4. >> all right. stay tuned. thank you. >>> coming up at 4:30, we'll have more on the women involved in the petraeus scandal. pat? >>> right now, a former student is on trial accused of killing her roommate at bowie state university. alexis simpson is accused of stabbing dominique frazier to death. the two got into an argument over the volume of an ipod. simpson's lawyers say she was acting in self-defense. coming up at 5:00, prince george's county bureau chief tracee wilkins will have more on that. >>> 20 public schools could soon be closed in the district. d.c. public schools' chancellor kaya henderson announced the plan this morning. the schools will be closed in every ward except wards 1 and 3. most of the schools closings are in wards 5 and 7. the name of the schools are being announced at a news conference right now. chris gordon will have a full report with all the details coming up at 5:00. >>> take a i halive look outsid. we are about to get our coldest weather in nearly a week. >> dig sweaters and the c
i'm steve handelsman, news4. >> all right. stay tuned. thank you. >>> coming up at 4:30, we'll have more on the women involved in the petraeus scandal. pat? >>> right now, a former student is on trial accused of killing her roommate at bowie state university. alexis simpson is accused of stabbing dominique frazier to death. the two got into an argument over the volume of an ipod. simpson's lawyers say she was acting in self-defense. coming up at 5:00, prince george's...
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you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements with questions, so they're like in class? and i go to campus? the bottom line is, this is normal, but here is my fear. i think it may mean that this generation isn't quite certain of what they think and feel. everything ends with a question. everything is like. nothing is definitive. >> brian: i want to get a question from the headlines. powerful people doing things they clearly know are wrong, three generals, one illicit affair, and other things. how does someone do something so dumb? >> we know from freud and before that the sexual drive trumps everything. i
you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements...
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let's go to steve. >>> up towards fort brag, eureka, not much here. we do get some of the clouds but high pressure is nosing in and out so that storm track stays to the north and it may stay that way for the week. and since we are going all the way up to the oregon border, 30s and 40s on temperatures and there is an easterly breeze holding things in check. you can see the line being drawn in fort brag and i tonight think it will drop south of that. you can see how the line never really changes but it stays in fort brag and it stays there as the system drops here it will develop high pressure probably even thursday. things look promising but right now mostly fair weather. 60s on the temperatures, the warmest will be gilroy and santa cruz and after that, partly sunny skies, more sun to the south, transition time, the system will try and punch through, maybe some light rain late sunday into monday pam, dave? >>> did you watch the 49ers? that was an incredible game. they got to a tie and they played without alex smith, the quarterback, what is next for hi
let's go to steve. >>> up towards fort brag, eureka, not much here. we do get some of the clouds but high pressure is nosing in and out so that storm track stays to the north and it may stay that way for the week. and since we are going all the way up to the oregon border, 30s and 40s on temperatures and there is an easterly breeze holding things in check. you can see the line being drawn in fort brag and i tonight think it will drop south of that. you can see how the line never really...
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Nov 16, 2012
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maybe a little more steve forbes if you want to talk about that. >> that will be fine too. dagen: really good to see you. take care. head of the weekly standard. air raid sirens wailing in jerusalem as israel's army radio said a rocket has landed in the jerusalem area. fox news's leland vedder has been doing incredible reported along the israel/gaza border and has the latest on the ground for you. >> good evening from the gaza border. we are seeing rockets fly out of here hitting televisa and in one or two rockets falling to jerusalem certainly a major escalation and through the night you see these big flashes behind me, they are hard to time but the israeli air force pounding at targets inside the gaza strip. today also hundreds of rockets flying out of gaza towards a number of areas in southern israel. with so much talk of the iron dome intercepting missiles it is not perfect and doesn't work this close to gaza where homemade rockets fly out, there's not time, impacted right here a couple yards from a house. you see what it did to the barbecue area. people adhere have sta
maybe a little more steve forbes if you want to talk about that. >> that will be fine too. dagen: really good to see you. take care. head of the weekly standard. air raid sirens wailing in jerusalem as israel's army radio said a rocket has landed in the jerusalem area. fox news's leland vedder has been doing incredible reported along the israel/gaza border and has the latest on the ground for you. >> good evening from the gaza border. we are seeing rockets fly out of here hitting...
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Nov 13, 2012
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the highlight reel is next. [ male announcer ] thiis steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. stuart: here it is. the highlight reel. >> in that acknowledge vince. they challenged me. stuart: is there and index in the back? [ laughter ] >> stuart, you are nuts. >> my fox colleagues, blank, blank, blank and stuart varney. stuart: why are you laughing at me? >> why? are you kidding me? what is this show called? stuart: varney and company. >> don't you have enough of your name? >> with a name like asman, i am a little envious. stuart: my colleagues, david asman, you are in there. stuart varney. this book and my on-air work as well. >> we should not overlook the fact that this is
the highlight reel is next. [ male announcer ] thiis steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. stuart: here it...
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Nov 19, 2012
11/12
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matt mccormick, portfolio manager, and steve masoka. steve do you agree or disagree with goldman stocks are likely to go down? >> i beg to disagree. i think that the market way overreacted to this fiscal cliff news. i think we saw very conciliatory talk coming out of both republicans and democrats. i think there is a deal that will be made before the end of the year and i think that deal will be done by essentially not cutting the deficit as much as one had anticipated. yes we'll get tax increases but they won't be as great as the democrats had asked for, and yes we'll get spending cuts but they won't be as great as the republicans have asked for and then we'll all go off to christmas very happy and smiley. i think the market senses that now after the friday press conference and that's what you see in this rally today. >> basically you are saying it is a whole much to do about nothing. with regards to dividends, matt, this is what your firm specializes in. you're poo-pooing this theory that people are dumping dividend paying stocks ahea
matt mccormick, portfolio manager, and steve masoka. steve do you agree or disagree with goldman stocks are likely to go down? >> i beg to disagree. i think that the market way overreacted to this fiscal cliff news. i think we saw very conciliatory talk coming out of both republicans and democrats. i think there is a deal that will be made before the end of the year and i think that deal will be done by essentially not cutting the deficit as much as one had anticipated. yes we'll get tax...
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Nov 16, 2012
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don't go anywhere. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: well look at this, we just turned positive. i am liz claman. last hour of trading, this is "countdown to the closing bell." when you connect all the dots, it is the nasdaq today that overall is perhaps the most stunning example of where we are as investors.
don't go anywhere. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: well look at...
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s flagship current affairs program news night and although it didn't name the person that steve messam was accusing the program did give rise. a frenzy of speculation all over twitter and other social networking sites which led to a former conservative policy treasurer being named lord mcalpine was eventually named on social networking sites and then went public to defend himself he said he'd never done this he very quickly denied the accusations he started to sue anyone and everyone and only was this steve messam showing a photograph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all so that was a really short piece of investigative journalism that comes in the wake of that haven't been enough in itself of the jimmy savile scandal again that newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile and there have been again wave after wave of allegations people coming forward saying yes jimmy savile did abuse me that program was spi
s flagship current affairs program news night and although it didn't name the person that steve messam was accusing the program did give rise. a frenzy of speculation all over twitter and other social networking sites which led to a former conservative policy treasurer being named lord mcalpine was eventually named on social networking sites and then went public to defend himself he said he'd never done this he very quickly denied the accusations he started to sue anyone and everyone and only...
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Nov 19, 2012
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here to weigh in, senior [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. melissa: it is time to make some money with charles penn. this hour he has an apparel stock that is showing some real action today. charles, aren't you afraid to make money right now? the government will take it from you. they will show up and take it right out of your pocket. charles: i agree. it is hardest to go the safe route these days, get 3% dividends. i think ironically some of the things that could happen is the economy, the market gets less volatile. the condo will not go in the tank overnight. america will not collapse overnight, but i think there's more pressure actually o
here to weigh in, senior [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. melissa: it is...
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fire your question because you asked, bya for folks like steve moore and others. thank you, steve. martha? martha: you may not know him but you probably use his software all the time. a major computer mogul is now wanted for murder. we'll tell you about his unusual and extraordinary plea as the police move in. bill: also the clock it is ticking for the president and the congress to avoid the so-called fiscal cliff and deal with america's crushing debt. a key senator on the major sticking points and what must be done to avoid a financial and national calamity. >> instead of racing tax rates on american people and accepting damage it will do to the problem, let's start solving the problem. let's focus on tax reform that closes special interest loopholes and close lowers tax rates are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. bill: we have breaking news on a picture you don't see every day. this is daly city, californi
fire your question because you asked, bya for folks like steve moore and others. thank you, steve. martha? martha: you may not know him but you probably use his software all the time. a major computer mogul is now wanted for murder. we'll tell you about his unusual and extraordinary plea as the police move in. bill: also the clock it is ticking for the president and the congress to avoid the so-called fiscal cliff and deal with america's crushing debt. a key senator on the major sticking points...
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s flagship current affairs program news night and only all of it was this steve messam showing the first graph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all and that haven't been enough in itself of of the jimmy savile scandal again newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile that program was spiked by b.b.c. leadership they were ordered to drop it at least in part because other parts of the b.b.c. were preparing a programme that said how wonderful jimmy savile was can of course it's not just news that the b.b.c. does they do a range of programs nature documentaries it's. so it has been a much loved it loved institution and people hope i think that this change of management will will make that be so again let's have a listen to what they say i still follow b.b.c. news and business and yeah i still just as easy said we wouldn't deter me from using b.b.c. is an easy thing you see a g.p. i mean it's something that reall
s flagship current affairs program news night and only all of it was this steve messam showing the first graph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all and that haven't been enough in itself of of the jimmy savile scandal again newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile that program was spiked by b.b.c. leadership...
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for months now, steve kroft has been covering the impact of gridlock in congress. his interview with senate leaders harry reid and mitch mcconnell ran just before election day. >> hi, charlie. >> what do you think the possibility of congress compromising with the president stands today? >> i think that it's got to happen. i think substantial compromise, maybe not work out all the problems, maybe put some of them off beyond january 1st, but i think they have to make some real problem between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting n
for months now, steve kroft has been covering the impact of gridlock in congress. his interview with senate leaders harry reid and mitch mcconnell ran just before election day. >> hi, charlie. >> what do you think the possibility of congress compromising with the president stands today? >> i think that it's got to happen. i think substantial compromise, maybe not work out all the problems, maybe put some of them off beyond january 1st, but i think they have to make some real...
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glad steve did the piece. >> wow, sad. thought you knew everything there was to know about michael jackson? think again. >> a surprising new book, the king of pop's personal struggles as we have never seen them before. that story coming up. ♪ ♪ don't just leave me alone ♪ leave me alone >> look at that. >> i can do my michael there. at one time michael jackson was the most popular man on the planet. that came with an extraordinary dose of publicity. >> we are not going to leave him alone. three years after his death, a new book reveals michael's private struggles in unparalleled detail. abc's nick watt has the story. ♪ thriller nights >> reporter: there hasn't been any one that famous in a single moment as he was during "thriller" time. that was probably the peak of celebrity for a human being. >> reporter: randall sullivan highly acclaimed journalist spent three years getting behind the mask of the most celebrated entertainer our world has ever known. a tale of family, fame, lost childhood, and startling accusatio
glad steve did the piece. >> wow, sad. thought you knew everything there was to know about michael jackson? think again. >> a surprising new book, the king of pop's personal struggles as we have never seen them before. that story coming up. ♪ ♪ don't just leave me alone ♪ leave me alone >> look at that. >> i can do my michael there. at one time michael jackson was the most popular man on the planet. that came with an extraordinary dose of publicity. >> we are...
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cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing. another thing is they're having this big discussion internally about the guidance they provide and all i can tell you, michelle, is when i read the minutes, it doesn't sound like the discussion's ready for prime time. they are literally all over the place. they agree it needs to clang. what's the sflem they don't like this calendar dade guidance. they think it should be linked to economic goals, or economic targets. like we will stop keeping rates low when unemployment gets below, x or if inflation gets above y. but they can't agree on the targets. they're worried about the eff
cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing....
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jan crawford has been -- steve crawford has been following this. pleased to have you with us this morning. >> good morning, charlie. >> where do you think the compromise with the president stands today? >> i think it's going to happen. substantial compromise maybe not work out all the problems but i think they have to make some real progress between now and the first of the year. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down
jan crawford has been -- steve crawford has been following this. pleased to have you with us this morning. >> good morning, charlie. >> where do you think the compromise with the president stands today? >> i think it's going to happen. substantial compromise maybe not work out all the problems but i think they have to make some real progress between now and the first of the year. >> on the house side that's clear that boehner is send inging a message to fellow...
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future of the currency union now earlier i discussed this issue with the chief economist of saxo bank steve jacobsen he was pretty pessimistic to say. we are getting to a point where things are so bad that it can actually not get much worse i used to be. know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension of course through the demonstration but also from the mere fact that northern europe now seems able to and willing to accept some sort of a have caught on on greece if you were the one person to make all the necessary decisions in europe what would you do i would wish that all the politicians and the central banks would go away for two three years and
future of the currency union now earlier i discussed this issue with the chief economist of saxo bank steve jacobsen he was pretty pessimistic to say. we are getting to a point where things are so bad that it can actually not get much worse i used to be. know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want...